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The historical rank and industry rank for Matrix Composites & Engineering's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Matrix Composites & Engineering was 50.66. The lowest was 3.91. And the median was 27.34.
ASX:MCE's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 9.08 * Ranked among companies with meaningful Price-to-Net-Cash only.
Matrix Composites & Engineering (ASX:MCE) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Matrix Composites & Engineering Net Cash per Share Related Terms
Matrix Composites & Engineering Net Cash per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Matrix Composites & Engineering Net Cash per Share Chart
ASX:MCE vs PWR, FIX, EME: Net Cash per Share Comparison
For the Engineering & Construction subindustry, Matrix Composites & Engineering's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Matrix Composites & Engineering Price-to-Net-Cash vs Construction Industry
For the Construction industry and Industrials sector, Matrix Composites & Engineering's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Matrix Composites & Engineering's Price-to-Net-Cash falls into.
Matrix Composites & Engineering Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Matrix Composites & Engineering (ASX:MCE) has a Net Cash per Share of A$-0.18 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Matrix Composites & Engineering and its competitors. Over the past decade, Matrix Composites & Engineering's Net Cash per Share has ranged from 3.91 to 50.66. According to the industry distribution chart, Matrix Composites & Engineering ranks #999999 out of 203 companies in the Construction industry.
Is Matrix Composites & Engineering's Net Cash per Share too high?
Matrix Composites & Engineering's current Net Cash per Share is A$-0.18. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 50.66. Based on the distribution chart, Matrix Composites & Engineering ranks #999999 out of 203 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Matrix Composites & Engineering has a GF Score™ of 19/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matrix Composites & Engineering's Net Cash per Share compare to PWR and FIX?
According to the Construction industry distribution chart, Matrix Composites & Engineering ranks #999999 out of 203 companies for Net Cash per Share. This places Matrix Composites & Engineering in the lower half of its industry. The industry median Net Cash per Share is 9.08. Historically, Matrix Composites & Engineering's own Net Cash per Share has ranged from 3.91 to 50.66 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Construction company?
The median Net Cash per Share among Construction companies is 9.08, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Matrix Composites & Engineering and its competitors. For the Construction industry, the median Net Cash per Share is 9.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Composites & Engineering's current Net Cash per Share is A$-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Composites & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Matrix Composites & Engineering (ASX:MCE) is currently considered Fairly Valued. The stock's GF Value™ is A$0.39, compared to a current price of A$0.40 — trading 1.9% above its estimated fair value. The current Net Cash per Share is A$-0.18. Matrix Composites & Engineering's overall GF Score™ is 19/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Matrix Composites & Engineering (ASX:MCE), the current Net Cash per Share is A$-0.18 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Matrix Composites & Engineering (ASX:MCE) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix Composites & Engineering stock appears to be overvalued.
The current stock price of A$0.40 is trading 1.9% above its estimated GF Value™ of A$0.39.
GuruFocus considers Matrix Composites & Engineering to be Fairly Valued.
Key valuation signals for ASX:MCE:
Net Cash per Share: A$-0.18
GF Value™: A$0.39 vs. price of A$0.40 (1.9% above fair value)
No single metric tells the full story. See the ASX:MCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix Composites & Engineering Ltd is a manufacturer of engineered products and services for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacturing and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacturing and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics, and others. Geographically, it derives maximum revenue from Brazil and rest from Australia, Japan, China, the United States of America, and other regions.
19GF Score
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